Fox Petroleum Inc (FXPE.OB) Provides Progress Report for Spears Gas Unit 2
Fox Petroleum Inc. (FXPE.OB) provided an update of the company's current operations and developments in the company's wholly owned Gomez Field. In this update, the company discussed how drilling activity for the Spears Gas Unit 2 were able to commence ahead of schedule, closing on November 1st. The company was able to purchase all necessary equipment to completely redevelop this well ahead of schedule, attributing to the rapid redevelopment. The reworking of the Spears Gas Unit 2 represent Fox Petroleum's inaugural drilling exploration program. The management team continues to make excellent progress on this project and the overall completion of…